NEW LIC JEEVAN SHANGAM BEST SINGLE PREMIUM PLAN ,NO NEED TO PAY LONG YEARS ,SUITABLE WHO PLAN FOR SAVE TAX IN THIS YEAR ONLY OR PLAN TO TAKE HOUSING LOAN & IT PERSONS,GOVERNMENT EMPLOYEES

1. NANDAGOPAL.S.V
WE ARE ONE OF THE LEADING INSURANCE & INVESTMENT
CONSULTANT IN COIMBATORE
SINCE 2000
99949 10202, 94431 86864,83000 20102
www.licnanda.blogspot.com
www.licnanda.blogspot.com 9994910202 licnanda@gmail.com

2. LIC’s JEEVAN SANGAM
(PLAN – 831)
UIN – 512N295V01
2

3.  A Close Ended plan for a Maximum
Period of 90 Days from 04.03.2015
A Single Premium Plan
A Non Linked, With Profit Plan which
provides high level of Death cover during
the term of policy
Term 12 Years Only
Premium based on Maturity Sum Assured
Chosen
3
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4. Guarantee on Your Money Invested
Guarantee of Attractive & Assured
Returns
Guarantee of 10 Times Risk cover on
the Invested Money
Guarantee on Income Tax Benefits
100 % safe & secure by Government of
india
4
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5. 5
ELIGIBILITY CONDITIONS
Minimum Age at Entry – 6 Years (Completed)
Maximum Age at Entry – 50 Years (N B D)
Policy Term – 12 Years
Mode – SINGLE
Minimum MSA – Rs.75,000
(in multiples of Rs.10,000)
Maximum MSA – No Limit

6. Date of Commencement of RISK
- In case of the age at entry of the Life
assured is less than 8 years nearer
Birthday, the Risk will commence from one
day before the Policy anniversary
coinciding with or immediately following
the age of 8 Years(nbd).
6

7. MATURITY BENEFITS
Maturity Benefit
(at the end of 12th Year)
– MSA + Loyalty Addition
7

8. DEATH BENEFIT
• On Death during First 5 Policy Years –
- Before the Date of Commencement of Risk
Refund of Single Premium without Interest
- After the Date of Commencement of Risk
Basic S.A (ie) 10 Times Tabular Single Premium
• On Death during the Policy term after
Completion of 5 Years
Basic Sum Assured (ie) 10 times Tabular Single
Premium shall be Payable along with Loyalty Addition
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9. REBATE
HIGH MATURITY SUM ASSURED
Maturity SUM ASSURED REBATE (Rs.)
Below Rs.2,00,000 nil
2,00,000 to 3,90,000 Rs.15.00
4,00,000 & Above Rs. 20.00
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10. Example
Maturity Sum Assured - 500000
AGE
PREMIUM
(without S.Tax) DEATH BENEFIT
6 223050 23,30,500
8 225657 23,56,750
18 231875 24,18,750
30 238775 24,87,750
40 273675 28,36,750
50 486050 49,60,500
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11. Example
Maturity Sum Assured - 500000
AGE
PREMIUM
(with S.Tax) DEATH BENEFIT
6 229943 23,30,500
8 232649 23,56,750
18 239040 24,18,750
30 246154 24,87,750
40 282132 28,36,750
50 501069 49,60,500
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12. Example
Maturity Sum Assured - 75000
AGE
PREMIUM
(with S.Tax) DEATH BENEFIT
6 36038 349575
8 36444 353513
18 37403 362813
30 38470 373163
40 43867 425513
50 76707 744075
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13. SURRENDER VALUE
• Policy can be Surrendered at any time
during the policy term
• Guaranteed Surrender Value
- Ist Yr – 70% of S.P excluding extra & Tax
- Thereafter – 90% of S.P excluding extra
premium & taxe, Survival Benefits if paid
earlier
13

14. LOAN
• Loan facility available during the Policy Term
after 3 Months of the Policy Issuance
POLICY YEAR
Max Loan as a % of S.V
For Age at entry <=45
Max Loan as a % of S.V
For Age at entry >45
3 Months TO 3 rd Yr 55% 40%
4 TO 6 70% 45%
7 TO 9 80% 65%
10 TO 12 90% 90%
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15. Optional Benefits
• Back dating available
• ASSIGNMENT Available
• Nomination Available
15

16. TAX BENEFITS
• Premium paid qualify for rebate under sec
80C
• Maturity proceeds are tax free under sec
10(10)(D)
16

17. Example – Scenario 1
without any L.A, any Additions, or
Rebate
AGE 30 Years
Maturity Sum Assured 5,00,000
Investment (with s.tax) 2,46,154
Profit (500000 – 246154)
for 12 years
2,53,846
Profit for 1 Year (253846/ 12) 21,154
(Simple) Interest Earned
(21154/ 246154 x 100) = 8.59% 17

18. Example – Scenario 2
AGE 30 Years
Maturity Sum Assured 5,00,000
Investment (with s.tax) 2,46,154
Less premium for S.A-25,00,000. Single
premium for Term plan Amulya jeevan
is 45000/-. ( 246154 – 45000 = 201154 )
2,01,154
Profit (500000 – 201154)
for 12 years
2,98,846
Profit for 1 Year (298846 / 12) 24904
(Simple) Interest Earned
(24904 / 258369 x 100) = 10.11%
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19. Example – Scenario 3
ONLY with LA of Rs.10/1000
AGE 30 Years
Maturity Sum Assured 5,00,000
Investment (with s.tax) 2,46,154
For Loyalty Addition @ 10/- per 1000 every Year,
( 10 / 1000 x 500000 x 12 yrs = 60000)
500000 + 60000 = 5,60,000 5,60,000
Profit (560000 – 246154) for 12 years 3,13,846
Profit for 1 Year (313846 / 12) 26154
(Simple) Interest Earned
(26154 / 246154 x 100) = 10.63%19

20. Example – Scenario 4
AGE 30 Years
Maturity Sum Assured 5,00,000
Investment (with s.tax) 2,46,154
Less premium for S.A-25,00,000. Single premium
for Term plan Amulya jeevan is 45000/-.
( 246154 – 45000 = 201154 ) 2,01,154
For Loyalty Addition @ 10/- per 1000 every Year,
( 10 / 1000 x 500000 x 12 yrs = 60000)
500000 + 60000 = 5,60,000 5,60,000
Profit (560000 – 201154) for 12 years 3,58,846
Profit for 1 Year (358846 / 12) 29904
(Simple) Interest Earned
(29904 / 246154 x 100) = 12.14%20

21. Example – Scenario 5
AGE 30 Years
Maturity Sum Assured 5,00,000
Investment (with s.tax)
2,46,154
Less premium for S.A-25,00,000. Single premium for Term
plan Amulya jeevan is 45000/-.
( 246154 – 45000 = 201154)
2,01,154
If I.T Rebate is taken only for increased from 1 Lac to 1.5 Lac,
By taking excess of (150000 – 100000) 50000 @ 20%
50000 x 20% = 10,000.. ( 201154 – 10000 = 191154)
191154
For Loyalty Addition @ 10/- per 1000 every Year,
( 10 / 1000 x 500000 x 12 yrs = 60000)
500000 + 60000 = 5,60,000
5,60,000
Profit (560000 – 191154) for 12 years 368846
Profit for 1 Year (368846 / 12) 30737
(Simple) Interest Earned (30737 / 246154 x 100) =
12.48%
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22. THANK YOU 22